Frequency-domain spectroscopy (FDS) is demonstrated to be affected by electrode polarization and conductance behavior in the low-frequency ranges, which causes the unreliable prediction results of transformer cellulose insulation. In order to solve this issue, a fingerprint database based on the dielectric modulus is reported to predict the degree of polymerization (DP) and moisture content of cellulose insulation. In the current work, the relevant fingerprints that characterize the insulation conditions are obtained by studying the dielectric modulus curves of cellulose insulation with various insulation conditions, as well as the DC conductivity of transformer oil. Then, the dielectric modulus fingerprint database is established in the lab, and the accuracy of the reported fingerprint database is later verified. As a potential tool, the dielectric modulus fingerprint database is tested by several samples, and the results demonstrate that the accuracy of this method is more than 80%. In that respect, an interesting discovery of this paper is that the dielectric modulus fingerprint database may be a helpful tool for conditions prediction of the transformer cellulose insulation system.